TheChek News Flow

>>> Up

* ACS Raised to Neutral at BofA (+)

* Anglogold Raised to Outperform at RBC; PT $31

* Argenx PT Raised to 740 euros from 620 euros at JPMorgan

* BASF Raised to Buy at Baader Helvea; PT 55 euros

* BHP ADRs PT Raised to $68 from $60 at Argus

* BMW Raised to Buy at UBS

* Ceres Power Raised to Sector Perform at RBC; PT 180 pence

* DiscoverIE Raised to Hold at Shore Capital (+)

* EasyJet PT Raised to 900 pence from 850 pence at Peel Hunt (+)

* Enel Raised to Buy at BofA (+)

* Ferrovial Raised to Buy at BofA (+)

* Hochtief Raised to Buy at BofA (+)

* Nyab Raised to Buy at Inderes; PT 6.80 kronor
* Pandora Raised to Overweight at JPMorgan; PT 1,300 kroner

* Porsche Raised to Overweight at Barclays; PT 70 euros

>>> Down

* Aena Cut to Neutral at BofA (+)

* Azimut Cut to Hold at Deutsche Bank (+)

* Covivio Cut to Underweight at Morgan Stanley; PT 55 euros

* Credito Emiliano Cut to Hold at Jefferies; PT 11.50 euros

* Currys Cut to Hold at Deutsche Bank (+)

* Endesa Cut to Neutral at BofA (+)

* Gestamp Cut to Equal-Weight at Barclays; PT 3 euros

* Givaudan Cut to Sell at Van Lanschot Kempen (+)

* Hypoport Cut to Neutral at BNPP Exane (+)
* Mercedes Cut to Underweight at Barclays; PT 48.50 euros

* Mercedes Cut to Neutral at UBS

* Nel Cut to Sector Perform at RBC; PT 4 kroner

* NN Group Cut to Hold at Kepler Cheuvreux

* Porsche Cut to Neutral at UBS

* Staige One Cut to Speculative Buy at SMC Research; PT 5.20 euros (+)

* Symrise Cut to Hold at Kepler Cheuvreux (+)

* Terna Cut to Underperform at BofA (+)

>>> Initiation

* Beijer REF Rated New Neutral at Citi; PT 174 kronor
* Coca-Cola HBC Rated New Outperform at Bernstein

* Straumann Rated New Buy at Equita; PT 140 Swiss francs (+)

>>> Call

* Ashtead Group Upgraded at RBC on More Positive US Economy View

* Beijer Ref Valuation Captures Growth Outlook, Citi Rates Neutral

* Ceres Power Raised at RBC, Says More Insulated From Headwinds (+)

* Covivio Cut to Underweight at Morgan Stanley, Set to Lag in 2025

* Citi Still Positive on UK Builders Long-Term, Persimmon Upgraded

* Grifols Price Target Slashed at JPMorgan; High Leverage Remains (+)
* JPMorgan Traders’ Math Places S&P 500 Near 6,300 by Month’s End

* Near-Term Risks Remain in Medtech Sector, Sonova Cut at JPMorgan